spotrac Full Details

Grayson Allen

Phoenix Suns, Shooting Guard

2024-2027 Veteran Extension (CURRENT)

Year Age Status Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2024-25 29 $15,625,000 11.11% $15,625,000 $15,625,000 9.15% $15,625,000 $15,625,000 $15,625,000
2025-26 30 $16,875,000 10.91% $16,875,000 $16,875,000 8.98% $16,875,000 $16,875,000 $32,500,000
2026-27 31 $18,125,000 10.65% $18,125,000 $18,125,000 8.77% $18,125,000 $18,125,000 $50,625,000
2027-28 32
Player
$19,375,000 10.35% $19,375,000 $19,375,000 8.52% $19,375,000 $19,375,000 $70,000,000
2028-29 33
UFA
Year Age Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2024-25 29 $15,625,000 - - $15,625,000 11.11% $15,625,000
2025-26 30 $16,875,000 - - $16,875,000 10.91% $16,875,000
2026-27 31 $18,125,000 - - $18,125,000 10.65% $18,125,000
2027-28 32
Player
$19,375,000 - - $19,375,000 10.35% $19,375,000
2028-29 33
UFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024-25 29 $15,625,000 $15,625,000 $15,625,000 $15,625,000 $17,500,000
2025-26 30 $16,875,000 $16,875,000 $32,500,000 $16,250,000 $18,125,000
2026-27 31 $18,125,000 $18,125,000 $50,625,000 $16,875,000 $18,750,000
2027-28 32
Player
$19,375,000 $19,375,000 $70,000,000 $17,500,000 $19,375,000
Trade Restriction: This player cannot be traded until Oct 16, 2024.
Contract Notes
  • 2027-28: Player Option (deadline 6/29/24)
Source: Spotrac

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2018 23
Active
$2,074,320
$2,074,320
2019 24
Active
$2,277,563
$4,351,883
2020 25
Active / Club Exercised
$2,545,320
$6,897,203
2021 26
Active / Club Exercised
$4,054,695
$10,951,898
2022 27
Active
$8,925,000
$19,876,898
2023 28
Active
$8,500,000
$28,376,898
Total      
$28,376,898
$28,376,898
2024 29
Active
$15,625,000
2025 30
Active
$16,875,000
2026 31
Active
$18,125,000
2027 32
Active / Player
$19,375,000
Total
$98,376,898
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2018
23
$2,074,320
$2,074,320
$2,074,320
2019
24
$2,277,563
$2,277,563
$4,351,883
2020
25
$2,545,320
$2,545,320
$6,897,203
2021
26
$4,054,695
$4,054,695
$10,951,898
2022
27
$8,500,000
$425,000
$8,925,000
$19,876,898
2023
28
$8,500,000
$8,500,000
$28,376,898
Total
$27,951,898
$425,000
$28,376,898
$28,376,898
2024
29
$15,625,000
$15,625,000
2025
30
$16,875,000
$16,875,000
2026
31
$18,125,000
$18,125,000
2027
32
$19,375,000
$19,375,000
Total
$97,951,898
$425,000
$98,376,898

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
1 $2,074,320 - - $2,074,320
2 $4,822,883 - - $4,822,883
2 $12,554,695 - $425,000 $12,979,695
1 $8,500,000 - - $8,500,000
Cap Hit

$15,625,000 / 108th

Cash Total

$15,625,000 / 108th

Contract Value

$70,000,000 / 84th

Contract Average

$17,500,000 / 97th

AAV% of Cap

12.45% / 105th

Signing Bonus

$0 / 75th

2-Year Cash

$32,500,000 / 100th

3-Year Cash

$50,625,000 / 92nd

Total Guaranteed

$70,000,000 / 80th

Guaranteed at Signing

$70,000,000 / 80th

  • Apr 16, 2024 Signed a 4 year $70 million veteran contract extension with Phoenix (PHX) - includes 2028-29 Player Option
  • Sep 27, 2023 Traded to Phoenix (PHX) from Milwaukee (MIL) as part of a 3-team trade: Milwaukee (MIL) traded Jrue Holiday, 2029 1st round pick, 2028 1st round pick and 2030 1st round pick to Portland (POR); Phoenix (PHX) traded Deandre Ayton and Toumani Camara to Portland (POR); Portland (POR) traded Damian Lillard to Milwaukee (MIL); Portland (POR) traded Jusuf Nurkic, Nassir Little and Keon Johnson to Phoenix (PHX)
  • Jan 23, 2022 Suspended 1 game (forfeit $27,963) for Flagrant 2 foul on Alex Caruso that caused fractured wrist
  • Jan 21, 2022 Fined $2,000 for ejection from CHI-MIL game
  • Oct 18, 2021 Signed a 2 year $20 million rookie scale contract extension with Milwaukee (MIL)
  • Aug 07, 2021 Traded to Milwaukee (MIL) from Memphis (MEM) for Sam Merrill and two future 2nd-round picks
  • Dec 16, 2020 Memphis (MEM) exercised $4.05 million option for 2021-22
  • Oct 21, 2019 Memphis (MEM) exercised $2.55 million option for 2020-21
  • Jul 06, 2019 Traded to Memphis (MEM) from Utah (UTA) with Kyle Korver , Jae Crowder , 2020 1st round pick [Top-7 protected and protected 15-30 (conveys 8-14), 2021 same as 2020 ,2022 Top-6 protected, 2023 Top-3 protected, 2024 Top-1 protected, 2025 - converts to two seconds] and Darius Bazley for Mike Conley
  • Jul 02, 2018 Signed a 4 year $7.05 million rookie scale contract with Utah (UTH)
  • Jun 21, 2018 Drafted by Utah (UTH): Round 1 (#21 overall)